Document Type
Article
Publication Date
1-2009
Abstract
This article seeks to survey the debate in the United States about whether the tax base should be income or consumption, and then focus on some recent arguments that have been made in favour of a consumption tax. In the author's opinion, none of these arguments are convincing, and he would favour adopting a consumption tax in addition to, and not in lieu of, the existing income tax.
Recommended Citation
Avi-Yonah, Reuven S. "Risks, Rents and Regressivity Revisited." Austl. Tax F. 24, no. 1 (2009): 41-57.